Compared with the market clearing price of a health care service covered by Medicare, the Medicare program pays a ________ price to health care providers and charges a ________ price to consumers

A) lower, lower
B) lower, higher
C) higher, lower
D) higher, higher

Answer: C

Economics

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Referring to Figure 19.1, Mexican goods will become cheaper in the United States if the exchange rate goes from ________ to ________ pesos to the dollar

A) 13; 11 B) 13; 10 C) 12; 11 D) 12; 13

Economics

The coordinates of point A are 20 units of X and 36 units of Y. The coordinates of point B are 22 units of X and 30 units of Y. With X on the horizontal axis and Y on the vertical axis, the slope of the line between points A and B is

A) + 3.00 B) + .20 C) + 0.33 D) - 0.33 E) - 3.00

Economics